UAE electricity demand forecast to drop by 30%
10-year prediction reflects potential Dubai slowdown
The UAE government expects that the recent recession will have an impact on long-term electricity demand and has cut its 10-year forecast by around 30%, according to a report in The National newspaper.
In the forecast period, the UAE will increase capacity by 81% to 33,500MW, said Oil Minister Mohammed Al Hamli, according to the state news agency WAM. Last month, another senior official said that the country would need 40,000MW capacity by 2020.
The newspaper said that the readjusted demand was likely to be as a result of lower demand in Dubai, as ADWEA is predicting a three-fold increase in 2020 over the current capacity projected for this year.